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Bill > S2300
NJ S2300
NJ S2300Automatically extends time to file gross income tax or corporation business tax return if federal government extends filing or payment due date for federal returns.
summary
Introduced
03/16/2020
03/16/2020
In Committee
Crossed Over
Passed
Dead
01/11/2022
01/11/2022
Introduced Session
2020-2021 Regular Session
Bill Summary
This bill automatically extending the time to file a gross income tax or corporation business tax return if the federal government extends the filing or payment due date for federal returns. Most annual gross income tax and corporation business tax returns are due on or before April 15 following the close of a calendar year or accounting period. Certain taxpayers are also required to make quarterly estimated payments around that timeframe. The bill would automatically grant an extension for those taxpayers if the federal government grants an extension and would not impose penalties or interest if the taxpayer files a return by the end of the extension. The extended due date would be no later than June 30, 2020. The sponsor's intent is to provide relief to taxpayers that may be impacted by the COVID-19 pandemic and may not have the ability to file their tax returns on time or settle tax payments.
AI Summary
This bill automatically extends the time to file a gross income tax or corporation business tax return if the federal government extends the filing or payment due date for federal returns. The extended due date would be no later than June 30, 2020, and taxpayers would not be subject to penalties or interest if they file their returns by the end of the extension. The sponsor's intent is to provide relief to taxpayers that may be impacted by the COVID-19 pandemic and may not have the ability to file their tax returns on time or settle tax payments.
Sponsors (14)
Tony Bucco (R)*,
Patrick Diegnan (D)*,
Paul Sarlo (D)*,
Christopher Bateman (R),
Chris Brown (R),
Nilsa Cruz-Perez (D),
Jim Holzapfel (R),
Tom Kean (R),
Fred Madden (D),
Declan O'Scanlon (R),
Nellie Pou (D),
Teresa Ruiz (D),
Bob Singer (R),
Brian Stack (D),
Last Action
Substituted by A3841 (on 03/19/2020)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| BillText | https://www.njleg.state.nj.us/2020/Bills/S2500/2300_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2020/Bills/S2500/2300_I1.PDF |
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